Oil Industry Turns to Mergers and Acquisitions to Survive

With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.

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Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza

The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.

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U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

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Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers

With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.

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Stocks Are Rising as Economic News Worsens

Trillions in stimulus dollars have convinced Wall Street that the government has its back, and investors are seizing on even glimmers of good news about the pandemic.

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